Subsection 3.6. Firms and production for Economics, O Level - revisedeck

3.6. Firms and production

A subsection of Economics, 2281, through 3. Microeconomic decision makers

Listing 10 of 40 questions

What is most likely to lead to an improvement in labour productivity in an industry?

2281_s20_qp_11

MCQ

2020

Paper 1, Variant 1

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Which statement proves there has been an increase in productivity for a factory making tractors?

2281_s20_qp_12

MCQ

2020

Paper 1, Variant 2

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The development of artificial intelligence in machines raises the productivity of capital. What will be the effect of this?

2281_s22_qp_11

MCQ

2022

Paper 1, Variant 1

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What is most likely to increase enterprise as a factor of production in an economy?

2281_s23_qp_11

MCQ

2023

Paper 1, Variant 1

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What is not a reason for the decline in manufacturing industries in developed economies in recent years?

2281_s23_qp_12

MCQ

2023

Paper 1, Variant 2

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A farmer introduces machinery to help workers at harvest time. The farmer also reduces the number of workers by 50%. As a result, the total harvest increases by 25%. What has happened?

2281_s24_qp_11

MCQ

2024

Paper 1, Variant 1

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The purchase of new machinery enables a firm to increase output with fewer workers. What is the effect on labour productivity and total costs?

2281_w08_qp_1

MCQ

2008

Paper 1, Variant 0

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Many people prefer to buy clothes from a local shop rather than travel to a specialist tailor to have them made. Which combination of characteristics of the local shop would make this most likely?

2281_w08_qp_1

MCQ

2008

Paper 1, Variant 0

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General Motors, a large multi-national company based in the United States, sold some of its European car assembly plants to other car manufacturers during the world recession (economic downturn) in 2009. Which economic reason would have been most likely to influence this decision?

2281_w11_qp_11

MCQ

2011

Paper 1, Variant 1

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General Motors, a large multi-national company based in the United States, sold some of its European car assembly plants to other car manufacturers during the world recession (economic downturn) in 2009. Which economic reason would have been most likely to influence this decision?

2281_w11_qp_12

MCQ

2011

Paper 1, Variant 2

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Questions Discovered

40